UN Secretary-General Ban Ki-moon said today, “The rapidly escalating crisis of food availability around the world has reached emergency proportions.”
Rising prices have already raised the costs of the WFP’s current operations from $500 million to $755 million.
I assume the inflation comes from the rising price of energy, which has risen from increased demand and decreased supply.
Food prices have doubled over the last three years, threatening the economic conditions of millions of people throughout the world.
The world has enough resources to end world hunger and poverty, but I believe those problems will continue to get worse if we do not fix the social and political problems that allow them to occur. Like I have said before, if we do not fix our social structure soon, I fear we will end up doomed.